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Legal News

: International and UK Law

Credit card companies face a ban on 'exploiting' debtors

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Credit card firms will be told today to stop luring customers into higher borrowing as part of an overhaul of consumer rights. Lenders will be banned from raising credit limits without asking the customer first and ordered to stop sending unsolicited credit card cheques through the post.

Full post as published by International and UK Law on July 01, 2009 (boomark / email).

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